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DATA FOR A BETTER FUTURE
In the presence of H.E. Mohammad Al Gergawi, Minister of Cabinet Affairs, the Federal Competitiveness and Statistics Centre (FCSC) signed a strategic MoU with Presight, a company specialized in artificial intelligence and data analytics. The partnership aims to develop the UAE National Data Statistics Platform and enhance national technical and analytical capabilities.
H.E. Mohammad Abdullah Al Gergawi stated that “this new partnership comes within the framework of the UAE’s comprehensive proactive approach and the leadership’s vision for designing the future, by continuing to harness advanced technologies and artificial intelligence to maximize opportunities, align effectively with rapid transformations, and address emerging challenges.”
He added: “This strategic partnership contributes to strengthening the unification of the UAE’s official statistics and supports the transition towards smart statistics and data-driven decision-making. It also advances the development and integration of the national data ecosystem, provides a unified environment for official statistics across the country, ensures the linkage and integration of economic and social data sources, and enables government entities and decision-makers to access accurate, up-to-date, and real-time data that supports strategic planning and public policy formulation, while enhancing the UAE’s global competitiveness.”
H.E. Maryam bint Ahmed Al Hammadi, Minister of State and Secretary-General of the Cabinet, and General Chief of the Federal Competitiveness and Statistics Centre, said: “This partnership with Presight reflects the leadership’s vision of building a future-ready, data- and AI-driven government. It represents a qualitative leap in the transformation of the government sector towards smart statistics and comprehensive integration with data from all relevant entities. It also strengthens the ability of these entities to make swift decisions supported by accurate, reliable, and real-time data, accelerating the national development journey and reinforcing the country’s readiness for future changes.”
H.E. noted that the partnership will contribute to enhancing integration between federal and local entities, unifying national data sources, activating agile governance frameworks that respond to the challenges of the digital era, and opening new horizons for leveraging data in support of sustainable development.
For his part, H.E. Mansoor Al Mansoori, Vice Chairman of Presight and Chair of the Advisory Board, said: “Our partnership with the Federal Competitiveness and Statistics Centre represents direct support for the UAE Government’s efforts to strengthen the national data ecosystem, stemming from Presight’s firm belief in the importance of data as a fundamental enabler of economic and social policymaking and the transition towards a knowledge-based economy grounded in evidence and intelligent analytics.”
He added that Presight’s advanced technical capabilities in analytics and AI tools will contribute to enhancing the integration of national data and transforming it into actionable insights that support government strategies and drive the national economy towards broader horizons of growth and innovation.
The MoU represents a significant step forward in deploying AI solutions and advanced analytics within a unified national framework. This framework ensures the standardization of statistical methodologies and concepts in line with the highest international standards, while strengthening national data governance and security through hosting on the Federal Network (FedNet).
The partnership reflects the UAE’s commitment to strengthening its national statistical infrastructure, as the platform will support the production of official national statistics, including gross domestic products and balance of payments data. It will also enable government entities to analyze economic and social trends with greater accuracy, optimize resource allocation, improve the quality of government services, and enhance transparency. Furthermore, the platform translates the UAE’s shift from fragmented data systems to a unified national ecosystem based on intelligent analytics, supports the adoption of AI in policymaking and future planning, and reinforces the competitiveness of the national economy, consolidating the UAE’s position globally as a model for smart government.
The partnership underscores the importance of the National Data Statistics Platform as a strategic national asset and a unified foundation for joint statistical work across the country, supporting performance monitoring, impact measurement, and the direction of investments and future strategies, while contributing to the achievement of the objectives of the “We the UAE 2031” Vision.
The insurance sector in the UAE continued its positive performance in 2024, recording a 22% growth in total underwritten insurance premiums, reaching AED 65.1 billion, compared to AED 53.4 billion in 2023, according to data from the Federal Competitiveness and Statistics Centre (FCSC) and the Central Bank of the UAE. Data on the country’s insurance sector indicators for 2024 also showed a notable increase in property and liability insurance premiums, which grew by 26.6% to AED 26.3 billion, compared to AED 20.8 billion in 2023. Health insurance premiums rose by 21% to AED 31.3 billion, compared to AED 25.9 billion in 2023, while personal insurance and wealth creation premiums increased by 12% to AED 7.5 billion, up from AED 6.7 billion in 2023.
Total Number of Insurance Policies
According to 2024 statistics, the total number of insurance policies rose to 17.2 million, compared to 15.6 million in 2023, marking a 10% growth. The highest growth rate was recorded in health insurance policies, which saw a record jump of 60%, increasing to 2.2 million policies from 1.4 million in 2023. Meanwhile, the total number of property and liability insurance policies reached 14.6 million, compared to 13.9 million in 2023, registering a 5% growth. The total number of personal insurance and wealth creation policies stood at 305,900, a slight increase from 302,500 in 2023, reflecting a 1% growth.
Technical Provisions
Total technical provisions that insurance companies are required to maintain to meet their financial obligations across all insurance branches rose by 20.9%, reaching AED 92.2 billion in 2024, compared to AED 76.3 billion in 2023. This increase was driven by a 44.9% rise in property and liability insurance provisions, reaching AED 37.6 billion, a 24.1% increase in health insurance provisions to AED 17.0 billion, and a 2.8% rise in personal insurance and wealth creation provisions to AED 37.7 billion in 2024.
Claims Paid
Regarding claims paid, which represent the total amounts disbursed by insurance companies in the UAE to policyholders and beneficiaries during the year for settling insurance claims, statistics indicated a 32% increase in total claims across all insurance branches for both domestic and foreign companies in 2024, reaching AED 41.6 billion. This total comprised AED 28.9 billion paid by national companies and AED 12.7 billion by foreign companies, compared to AED 31.6 billion in 2023, which included AED 21.8 billion paid by national companies and AED 9.8 billion by foreign companies.
This increase was attributed to an 83% rise in claims paid for property and liability insurance, particularly in fire and motor insurance, a 14% increase in health insurance claims paid, and a 26% rise in claims paid for personal insurance and wealth creation policies.
As for incurred claims, which include the total value of claims paid as well as other costs borne by insurance companies during the year, statistics indicate a 45% increase across all insurance branches for both national and foreign companies in 2024, reaching AED 53.3 billion. This total comprised AED 39.1 billion for national companies and AED 14.2 billion for foreign companies, compared to AED 36.6 billion in 2023, which included AED 25.1 billion for national companies and AED 11.5 billion for foreign companies.Invested Assets
Statistics showed an increase in total invested assets in the UAE insurance sector for both national and foreign companies in 2024, representing the total assets held by insurance companies for investment purposes. The total rose by 10% to AED 84.9 billion, comprising AED 48.6 billion for national companies and AED 36.3 billion for foreign companies, compared to AED 77.1 billion in 2023, which included AED 42.1 billion for national companies and AED 35.0 billion for foreign companies. Investments in securities and debt bonds accounted for the largest share of total invested assets at AED 36.3 billion, followed by cash and deposits at AED 25.0 billion. The remaining value was distributed across other categories of invested assets, including real estate investments, loans, and other assets.
AED 929 billion: Gross Domestic Product (GDP) of the national economy
The Federal Competitiveness and Statistics Centre (FCSC) announced that the UAE’s real Gross Domestic Product (GDP) grew by 4.2 in the first half of 2025, reaching AED 929 billion, compared to the same period in 2024. Meanwhile, the non-oil GDP recorded a growth of 5.7%, amounting to AED 720 billion during the same period. Non-oil activities accounted for 77.5% of the UAE’s real GDP, while oil activities contributed 22.5% in the first half of 2025.
H.E. Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, affirmed that, under the guidance of the UAE’s wise leadership, the country has adopted a proactive approach that keeps pace with economic developments and trends locally, regionally, and globally. This approach is reflected in the development of competitive economic strategies and legislations, enhancing global economic openness, and creating a business-friendly environment that encourages private sector participation in the growth of non-oil sectors. It also includes the localisation of technology and digital transformation across vital and advanced economic sectors, contributing to positioning the UAE as a pioneering model in economic diversification and supporting its future vision to become a global hub for the new economy by the next decade.
He added: “The positive results achieved by the national economy during the first half of 2025, particularly the 5.7% growth in non-oil GDP, reflects the strength and competitiveness of the UAE’s economic performance and the efficiency of the economic policies implemented by the government. It also underscores the continued progress in reducing dependence on oil, promoting national non-oil industries, and advancing the economic objectives of the We the UAE 2031 vision.”For her part, H.E. Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, affirmed that the strong performance of the UAE’s GDP during the first half of 2025, reaching AED 929billion, reflects the resilience of the national economy and the continued growth momentum driven by non-oil activities such as trade, manufacturing, and construction. She stated: “The rise in the contribution of non-oil sectors to 77.5% confirms the success of the country’s economic diversification policies and its ability to create a flexible and sustainable productive environment based on knowledge and innovation, in line with the UAE’s vision of developing the economy of the future.”
Fastest-Growing Economic Activities
The financial and insurance activities recorded the highest growth among all economic sectorsduring the first half of this year compared to the same period last year, recording an 8.3% increase. This was followed by the construction sector, which grew by 7.9%, the manufacturing sector by 7.0%, and real estate activities by 6.5%.
In terms of contribution to non-oil GDP during the first half of 2025, the trade sector ranked first, accounting for 16.1%, followed by financial and insurance activities at 14.0%, and manufacturing at 13.8%. The construction sector contributed 11.8%, while real estate activities accounted for 7.8%.It is worth noting that the economies of the Gulf Cooperation Council (GCC) countries recorded growth during the first half of 2025, with the UAE achieving the highest growth rates, supported by the strong performance of its non-oil sectors. This reflects the impact of strategic initiatives and policies aimed at enhancing economic diversification in the UAE and contributes to supporting the collective GCC economic trajectory, promoting balanced progress that strengthens economic stability in the region.
The UAE has achieved tangible progress in the Sustainable Development Goals (SDGs), reaching a 62% achievement rate in accordance with global methodologies. This reflects the UAE’s firm commitment to developing sustainable policies and “its leadership as a global model in the speed of implementation and institutional integration.
This was announced during a meeting of the National Committee on Sustainable Development Goals (SDGs), which discussed ways to strengthen the national data ecosystem supporting development indicators, and highlighted the importance of improving data quality and enhancing integration among government entities as a fundamental pillar in consolidating the UAE’s progress in global indicators.
The Committee reviewed the latest developments related to the preparation of the Third Voluntary National Review (VNR) in 2026, as well as the progress in implementing the National Sustainable Development Data Plan, which aims to enhance data collection mechanisms and improve efficiency in line with international best practices.
The National Committee on SDGs held its meeting chaired by H.E. Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chairman of the National Committee on SDGs, with the participation of H.E. Aisha Ahmed Yousef, Undersecretary of the Ministry of Community Empowerment; H.E. Dr. Hussein Abdulrahman Al Rand, Assistant Undersecretary for the Public Health Sector at the Ministry of Health and Prevention; H.E. Ahmed Al Nasser, Assistant Undersecretary for Labour Market Policies and Acting Assistant Undersecretary for Labour Market Services at the Ministry of Human Resources and Emiratisation; H.E. Mohammed Abdulqader, Acting Assistant Undersecretary for the Strategy and Policies Sector at the Ministry of Education; H.E. Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC); Lt-Col. Ali Sultan bin Awad Al Nuaimi, Director of the Department of Strategy and the Future at the Ministry of Interior; and Eng. Nawal Al Hanaee, Director of the Future Energy Department at the Ministry of Energy and Infrastructure.
The Committee stressed the priority of investing in building national capacities and developing statistical competencies, in addition to expanding cooperation and partnerships with specialized international organizations in statistical methodologies, to enhance data reliability and accuracy, and to support the national sustainable development ecosystem in the long term.
National Data a Pillar for Achieving the SDGs
H.E. Abdulla Lootah affirmed that the UAE Government focuses on strengthening the integration of government efforts and enhancing the readiness of national data as a fundamental pillar to support initiatives aimed at achieving the SDGs. He noted that this approach enables the National Committee to prepare the 2026 Voluntary National Review accurately and comprehensively, while continuing to expand cooperation and coordination among relevant entities to ensure the achievement of national targets beyond 2030, and to consolidate the UAE’s position as a leading global model in accelerating the implementation of the SDGs and strengthening its international presence.
Integration of Efforts for the Third Voluntary National Review (2026)
The General Secretariat of the National Committee on SDGs reviewed the latest updates on preparations for the Third Voluntary National Review, which the UAE will present to the United Nations in July 2026, following the 2018 and 2022 reviews. Members emphasized the importance of ensuring that the Review reflects national success stories and the UAE’s efforts in accelerating the achievement of global goals, while highlighting pioneering experiences and best practices that can be generalized internationally.
Participants stressed the importance of engaging various national sectors and relevant entities in preparing the Review to ensure the submission of a comprehensive report that reflects achieved progress, challenges and future opportunities. They reviewed the latest initiatives and developments supporting the SDGs across various fields, underscoring the adoption of innovative practices and future solutions to enhance national progress, improve data quality and strengthen the country’s readiness for the Review.
Entities participating in the meeting presented their achievements related to SDG indicators, including the Ministry of Interior, which delivered a detailed briefing on its initiatives; particularly in the areas of community safety, digital transformation and the development of smart services, and the progress achieved in data readiness in relations to the Ministry’s indicators.
Notably, the National Committee on SDGs monitors the implementation of the 2030 Global Agenda, aligns the UAE’s priorities with international goals, and exchanges expertise with partners with partners at the local and global levels.to expand the network of active stakeholders contributing to the implementation of the United Nations Agenda.
The number of air quality monitoring stations operating across the UAE reached 57 in 2024, marking a 46% increase over the past decade, compared to 55 stations in 2023, according to the latest data issued by the Federal Competitiveness and Statistics Centre (FCSC) in collaboration with the Ministry of Climate Change and Environment (MOCCAE) and the National Center of Meteorology (NCM).
Of the total stations, 32 stations (56%) are located within populated areas, ensuring continuous monitoring of air quality in residential communities across the country.
Data from all monitoring stations indicate that the average concentrations of key air pollutants, including carbon monoxide (CO), nitrogen dioxide (NO₂), and sulfur dioxide (SO₂) remained low compared to previous years and within the limits set by the UAE National Air Quality Standards.
Air quality remains a national priority for the UAE, given its direct impact on public health and quality of life. The UAE Government has embedded air quality as a key performance indicator (KPI) under the “We the UAE 2031” Vision and the UAE Centennial 2071 Strategy, both of which aim to promote social wellbeing and a sustainable economy. In addition, air quality is one of the eight core policy priorities within the National Environmental Agenda led by MOCCAE.
According to FCSC data on the geographic distribution of monitoring stations in 2024, Abu Dhabi recorded the highest number with 21 stations (37%), followed by Dubai with 14 stations (25%), Ajman with 7 stations (12%), Fujairah with 6 stations (11%), Ras Al Khaimah with 4 stations (7%), Sharjah with 3 stations (5%), and Umm Al Quwain with 2 stations (3%).
In terms of functional distribution, residential areas account for 56% of all stations to ensure comprehensive coverage of inhabited regions, followed by roadside locations at 23%, industrial and commercial areas at 14%, while the remaining stations are distributed across other locations in the UAE.
Air quality monitoring stations play a vital role in detecting substances released into the atmosphere, directly or indirectly which may alter air composition in ways harmful to human health, living organisms, natural resources, or populated areas. The stations provide accurate daily, monthly, and annual measurements of major air pollutants, including sulfur dioxide, carbon monoxide, nitrogen dioxide, ground-level ozone, and inhalable particulate matter.
The National Committee on Sustainable Development Goals (SDGs), in cooperation with United Arab Emirates University (UAEU), has launched the SDGs Research Program during an event held at the university’s campus in Al Ain. The event was attended by His Excellency Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chairman of the National Committee on SDGs, and H.E. Prof. Ahmed Al Raeesi, Vice Chancellor of the United Arab Emirates University, along with a number of faculty members and students.
The launch of the program comes as part of the national efforts aimed at strengthening the contribution of higher education institutions to advancing the Sustainable Development Goals and consolidating the role of scientific research in developing practical and innovative solutions that contribute to achieving the 2030 Global Agenda, in line with the UAE’s future vision of building a sustainable, knowledge-based economy.
Abdulla Lootah: Enhancing scientific research is a key tool for development and decision-making
During his address at the event, H.E. Abdulla Nasser Lootah affirmed that the cooperation between the National Committee on SDGs and UAEU represents a national model for integration between government entities and academic institutions. He stressed that the SDGs Research Program embodies, in its objectives and orientations, the UAE’s vision and the focus of its wise leadership on enhancing scientific research as a key tool for development and for supporting decision-making processes. H.E. further reaffirmed the commitment to empowering youth and researchers to become partners in developing practical solutions that advance the achievement of the SDGs.
Lootah added that the program serves as a national platformthat brings together academic thought and government expertise within a distinguished learning and research model that enables the transformation of research output into initiatives and policies that enhance the UAE’s standing in global indicators and support its position as a hub for sustainable knowledge.
Ahmed Al Raeesi: A milestone in the university’s journey towards research leadership
For his part, H.E. Prof. Ahmed Al Raeesi, Vice Chancellor of the United Arab Emirates University, stateden that the launch of this program marks a new milestone in the university’s journey towards research leadership. He said: “At UAEU, we are pleased to be an active part of the national efforts to achieve the SDGs. Our aim today is to empower youth to be effective contributors to shaping the future, and to integrate sustainability thinking into education and scientific research to generate knowledge that provides practical solutions to the challenges of our time, from climate change to sustainable cities and clean energy.”
H.E. added that the program reflects the fruitful partnership between academic institutions and government entities, noting that the UAE has made sustainability a national priority through field action and effective partnerships. The program further strengthens the university’s position as a leading national research institution and an academic partner supporting the country’s journey towards achieving the 2030 Global Agenda.
Development of applied scientific research
The program focuses on encouraging students to develop applied scientific research across multiple fields, including climate, energy, environment, health, education, and economic growth, in addition to enhancing their skills in research, analysis, and the development of sustainable scientific solutions.
It also seeks to activate academic and institutional partnerships within an integrated national ecosystem that supports the transformation of research outputs into practical initiatives contributing to the development of public policies and the achievement of the desired societal impact.
The cooperation between the National Committee and UAEU represents a practical embodiment of SDG 17, which focuses on partnerships for the goals, as efforts are integrated to build a new generation of researchers capable of keeping pace with global challenges and developing qualitative solutions that serve people and the environment. The launch of the program reflects the UAE’s commitment to supporting the education and scientific research ecosystem as a fundamental pillar for achieving comprehensive development, and to strengthening its position as a regional and global hub for knowledge and innovation in sustainability fields.
Majed Al Mesmar: These achievements reflect the UAE’s steady progress towards global leadership.
Hanan Ahli: The results reflect the UAE’s leading position in digital transformation regionally and globally.
The UAE has ranked 9th globally and 1st in the region in the World Digital Competitiveness Report 2025 issued by the International Institute for Management Development (IMD) in Lausanne, Switzerland. The ranking strengthens the UAE’s position among the world’s top 10 digital performers, reaffirming its regional leadership and outperforming several advanced global economies. It also underscores the UAE’s ability to keep pace with rapid technological shifts and to build a fully integrated digital development model driven by innovation, artificial intelligence, and human capital.
His Excellency Eng. Majed Sultan Al Mesmar, Director General of the Telecommunications and Digital Government Regulatory Authority (TDRA) stated that “The UAE ranking 9th globally in the 2025 Digital Competitiveness Report is a testament to the efficiency of its digital ecosystem and the maturity of its technological infrastructure across both government and economic sectors. It further highlights the UAE’s position as a global role model in building a comprehensive, resilient, and secure digital infrastructure capable of accelerating innovation and promoting the UAE’s economic competitiveness.”
“In our view, this is the result of the integrated institutional collaboration between public and private sector entities working together to enhance digital performance and sustain progress. This achievement reflects the UAE’s steadfast path toward global leadership, where digital transformation has become a national way of life; enhancing wellbeing and driving sustainable economic growth,” H.E. added.
Hanan Ahli: Results reflect the UAE’s forward-looking vision
Her Excellency Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), stated that the UAE’s ratings in the World Digital Competitiveness Report highlight the exceptional progress in digital transformation both regionally and globally. “The UAE’s success reflects the effectiveness of national strategies and policies aimed at building a sustainable, knowledge-based economy by empowering national talents, enhancing technical skills, and preparing future generations to thrive in the digital era,” H.E. noted. “These results further strengthen the UAE’s position as a leading global model in digital transformation, fostering a knowledge-driven environment, creatingsustainable opportunities for future generations andbuilding a society grounded in innovation, knowledgeand future sciences,” she added.
Global Leadership in Key Indicators
The UAE ranked 1st globally in key indicators, including internet usage, high-speed connectivity, venture capital availability, public-private partnerships, and digital skills. It also ranked 1st globally in attracting international students and global expertise. In addition, the UAE ranked among the world’s top 5 in 15 indicators and top 10 in 22 indicators, reflecting the depth and inclusiveness of its digital advancement across all sectors.
Sustained Growth in Digital Competitiveness
“The report revealed that the UAE advanced to 9th place globally, up from 18th in the first edition of the report in 2017, marking a consistent upward trajectory in digital competitiveness and highlighting the maturity of its national digital environment and proactive policy framework.”The UAE also maintained its leading regional position, remaining the only country in the Middle East among the global top 10 in digital competitiveness.
Future-Ready and Tech-Driven
According to the report, the UAE ranked 5th globally in Future Readiness, reflecting its high capacity to adopt emerging technologies and develop advanced digital ecosystems. It also ranked 6th globally in the Technology pillar, supported by robust digital infrastructure and extensive investments in advanced technologies and government digital services. In the Knowledge pillar, the UAE ranked 12th globally, underscoring the strength of its education system and national talent development initiatives.
Despite global economic and geopolitical shifts and disruptions to technology supply chains, the report noted that the UAE successfully sustained its digital momentum; reinforcing its reputation as one of the world’s most resilient and innovation-friendly digital economies.
For the first time, the report included data on artificial intelligence patents and private-sector investments in AI, in which the UAE ranked 1st regionally, reflecting the ambitions of its National AI Strategy 2031 and its commitment to a knowledge-driven, innovation-based economy.
These results align with the UAE’s strategic national visions, including the UAE Centennial 2071, the UAE National Artificial Intelligence Strategy 2031, and the Digital Government Strategy, along with key national initiatives such as 1 Million Arab Coders, Advanced Research Laboratories, and National Talent Upskilling Programs.
A Global Model for Digital Transformation
The UAE’s ongoing development reaffirms its position as a world leader in digital transformation and future economy, embodying the wise leadership’s vision to build a competitive, innovation-driven, and knowledge-based national ecosystem that fosters sustainable growth and empowers future-ready generations.
Positive Growth Rates Surpass Expectations: UAE Economy Demonstrates Resilience with a 7.9% Growth in Gross Domestic Product (GDP).
Abdullah bin Touq:
· The UAE government adopts an innovative economic model that serves its future vision through the adoption of flexible economic policies that align with global changes.
· The numbers confirm the robust economic performance of the country, achieving positive growth rates that exceeded the estimates of analysts and specialized international institutions.
· Estimates of the Gross Domestic Product (GDP) at current prices for the year 2022 exceeded 1.86 trillion dirhams, and at constant prices, 1.62 trillion dirhams.
Dubai, June 25 (WAM) – Minister of Economy Abdullah bin Touq Al Marri affirmed that the preliminary estimates for the Gross Domestic Product (GDP) of the UAE for the year 2022, issued by the Federal Competitiveness and Statistics Center, confirm the resilience of the country’s economic performance. It achieved positive growth rates that exceeded the estimates of analysts and specialized international institutions. The GDP of the country in 2022, at constant prices, reached 1.62 trillion dirhams, achieving a positive growth of 7.9%. At current prices, it reached 1.86 trillion dirhams, with an increase exceeding 337 billion dirhams compared to 2021, achieving a growth of 22.1%. This reflects the wisdom of the economic policies pursued by the government of the UAE and confirms the strength and stability of the UAE economy amid the global economic conditions and geopolitical repercussions.
His Excellency said: " The government of the United Arab Emirates, thanks to the visionary leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, the President of the State, may God preserve him, and the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President of the State, the Prime Minister, the Ruler of Dubai, may God protect him, works on building an innovative economic model that serves its future vision. This is achieved by adopting flexible economic policies that rely on speed and accuracy in responding to global changes. The government also embraces stimulating economic strategies, proactive economic plans based on economic diversification, and improvements in economic procedures and legislation. This preserves the country’s status as an attractive investment environment continuously, enhances foreign trade, and openness to the world as a component of international economic relations. The success and integration of these policies meet the requirements of sustainable development, achieve economic prosperity, and ensure a decent life for all citizens and residents of the country. Moreover, they contribute to establishing the leadership and competitiveness of the UAE at both regional and international levels."
H.E Hanan Ahli, Director of the Federal Competitiveness and Statistics Centre, commented, "The results and figures achieved confirm that the country’s economy continues to grow, both at the overall level and in terms of key economic sectors and activities. This contributes to reinforcing the policy of economic diversification by increasing the relative importance of non-oil activities in the national economy. It aligns with the state’s economic policies to reduce reliance on the oil economy, establish a knowledge-based and innovative economy, and enhance non-oil national industries."
Her Excellency added, "The per capita share of the Gross Domestic Product (GDP) in the UAE has grown by an unprecedented rate of 24.7% over the past six years, despite the annual increase in the population. In 2022, the per capita share of the GDP achieved a growth rate of 21.1% compared to 2021, confirming the resilience and success of the UAE economy. It also affirms the success of the economic policies pursued by the government in achieving prosperity and a high quality of life in the society of the UAE."
Enhancing the growth of the country’s Gross Domestic Product (GDP) in 2022.
The activation of innovative economic initiatives related to non-oil sectors and activities positively contributed to enhancing the growth of the country’s Gross Domestic Product (GDP) in 2022. The GDP at constant prices amounted to 1 trillion, 623 billion, and 517 million dirhams. The non-oil GDP at constant prices reached 1 trillion, 174 billion, and 615 million dirhams, achieving positive growth across vital sectors.
According to preliminary estimates of the Gross Domestic Product released by the Federal Competitiveness and Statistics Center, the value added to transport and storage activities had the largest share of growth in the GDP at constant prices, unprecedentedly reaching 20.2% compared to 2021. This was driven by an increase in international flight passengers and the country’s growth in air transport movements, with national airlines achieving the highest growth rate in recent years in this tourism-related sector.
The accommodation and food services sector, reflecting hotel and restaurant activities, also experienced significant growth of 13.2%. Additionally, health and social services activities demonstrated remarkable growth, reaching 13% compared to 2021.
The non-oil sectors played a crucial role in supporting the national economy and enhancing the growth of the country’s Gross Domestic Product (GDP). The manufacturing industries achieved added value in the GDP amounting to 179 billion dirhams, registering a growth rate of 8.7% compared to 2021. The most significant contribution of non-oil sectors to the GDP was represented by the value added in the wholesale and retail trade activity, reaching approximately 206 billion dirhams. This accounted for a contribution rate of 12.7% to the UAE’s overall GDP.
Real estate activities also experienced growth in 2022, amounting to 12% with a value of around 90 billion dirhams in GDP at constant prices. The positive growth in non-oil activities also had a favorable impact on the financial and insurance sector, which achieved a growth rate of 8.4%, contributing 134 billion dirhams to the overall constant GDP in 2022.
The Ministry of Interior stressed the importance of global peace and security in achieving the sustainable development goals and the UAE’s keenness to achieve a balanced and comprehensive development path that does not only affect the national level, but also benefits all countries of the world. This came during the participation of Lt. Col. Dana Humaid Al Marzouqi, Director General of the International Affairs Office at the Ministry of Interior, as part of the UAE delegation in the activities of the High-Level Political Forum on Sustainable Development of the United Nations held in New York, organized by the United Nations Department of Economic and Social Affairs until July 17, in which the Ministry of Interior reviewed its international initiatives in climate action and community security. Lieutenant Colonel Dana Humaid Al Marzouqi noted the UAE government’s keenness to continue raising and enhancing global peace and security levels through law enforcement institutions, national security strategies, and modernizing the legislative system in line with the growing requirements of societies to achieve sustainable development goals worldwide. She said that our wise leadership realized early the importance of achieving the 16th goal of the sustainable development goals to achieve the rest of the goals, which requires the implementation of a comprehensive approach to make leaps Quality in the levels of achievement of all seventeen sustainable development goals, it is important to have strong and effective institutions, and a governance system, which will address and address various social, economic and environmental challenges, and the interest reflects the state’s keenness to achieve a balanced and comprehensive development path that does not have an impact only at the national level, but also to provide an effective development model that reaches its benefit to all countries of the world. She stressed that the State of U.A.E. continues as a leading model in achieving the sustainable development goals of 2030 and 2045. During her intervention at a session on the sixteenth goal on promoting peace, justice and strong institutions and its interrelationship with the rest of the sustainable development goals, she stressed that there is a need for more police cooperation at the international level, and issued an invitation to join in cooperation for a safer world. In her intervention, she referred to the International Law Enforcement Initiative for Climate (I2LEC), launched by the Ministry of Interior at the World Government Summit in partnership with the United Nations Office on Drugs and Crime last year 2023, which aims to establish a joint approach to inter-agency law enforcement action. International organizations and governments to develop global frameworks aimed at building the global research capacity of law enforcement agencies to address crimes that affect the environment. During its first year, the initiative achieved many results, including the support of more than 60 law enforcement agencies around the world, while joint international operations under the umbrella of the initiative contributed to the seizure of more than $ 32 million in environmental crime proceeds and the training of more than 270 law enforcement officials from more than 40 countries around the world. She stressed that such an initiative reflects the UAE’s belief that sustainable development cannot be achieved without ensuring the safety and stability of all societies, and strengthening cooperation and partnership globally. Al Marzouqi reviewed the latest developments in the strategic partnership between the Ministry of Interior and the United Nations Regional Crime and Justice Research Institute (UNICRI), which aims to provide protection for children using artificial intelligence applications to facilitate the fight against crimes against children and conduct the necessary investigations to detect and prosecute perpetrators. Since its launch in 2020, the initiative has announced projects that have a prominent role in disseminating working methods that have an impact on making the lives of the world’s children. Safer The entities participating in the initiative reached more than 580 entities from 106 countries around the world who benefited from 80 artificial intelligence applications that serve the protection of children around the world, including reducing the time to detect child victims. Among the most prominent projects launched by the initiative is a set of training courses for all those working in areas related to law enforcement. In May 2023, the first specialized training courses in the field of artificial intelligence for safer children began, and to date, 7 training courses were held, in which 415 officers and employees of executive agencies from 20 countries participated. She pointed to the UAE’s role as a responsible global partner in achieving the sustainable development goals through its pioneering efforts in the global humanitarian system, where it provided material and development assistance and exchange of experiences to regions suffering from conflicts, climate-related disasters and other humanitarian disasters. Participating in a session on gender balance, climate, peace and security, held in collaboration with UN Women and the Permanent Mission of Australia to the UN, Lieutenant Colonel Dana Al Marzouqi said: "The relationship between sustainability As the world faces the climate crisis and its growing impacts, we must work to address and reduce environmental crimes such as illegal logging, wildlife trafficking, and dumping of toxic waste, which, according to all studies and reports, have far-reaching consequences beyond environmental damage, undermining sustainable development efforts and exacerbating poverty and corruption levels, and often the effects of this on the levels of women’s participation in economic and societal advancement, and lower levels of equality and gender balance Consequently, development in those societies is disrupted. The High-Level Political Forum on Sustainable Development (HLPF) is the main platform of the United Nations on sustainable development issues, and since its establishment in 2012, it has played a pivotal role in following up and reviewing what has been implemented at the country level in the 2030 Agenda for Sustainable Development. This edition of the International Forum is held under the theme "Promoting the 2030 Agenda for Sustainable Development and Eradicating Poverty in Times of Multiple Crises: Effectively Implementing Sustainable, Resilient and Innovative Solutions". Delegates participating in this year’s edition of the Forum are working Throughout its session, it has been conducting in-depth reviews of five of the Sustainable Development Goals (SDGs): Goal (1) to eradicate poverty in all its forms everywhere; Goal (2) to end hunger, achieve food security, improve nutrition and promote sustainable agriculture; Goal (13) to support climate action and call for urgent action to combat climate change and its repercussions; Goal (16) to promote peaceful and inclusive societies to achieve sustainable development, provide justice for all and build effective and efficient institutions; and Goal (17) which focuses on Establish global partnerships to promote the implementation of the Sustainable Development Goals. Follow Ajman News on Google News
The U.A.E. will participate with a large government delegation in the work of the "High-Level Political Forum on Sustainable Development", organized by the United Nations Department of Economic and Social Affairs at its headquarters in New York from July 8 to 17. The forum, which is being held this year under the theme "Promoting the 2030 Agenda for Sustainable Development and Eradicating Poverty in Times of Multiple Crises: Effectively Implementing Sustainable, Resilient and Innovative Solutions", with the participation and attendance of more than 1,000 delegates and delegates from various governments of the world and international organizations, aims to promote sustainable development, follow up global efforts in this regard, anticipate current and emerging challenges and innovate solutions to them, by exchanging knowledge on the best experiences and expertise, coordinating and evaluating policies and supporting global efforts to accelerate the achievement of the goals Sustainable development for the good of societies. The UAE delegation will participate in key working sessions, multiple seminars and a series of bilateral meetings, during which it will present the UAE’s pioneering experiences and its distinguished model in achieving the path of sustainable development, which succeeded in bringing together Development initiatives, financing programs, development assistance and strategic partnerships with countries and governments of the world and international organizations and highlighting their distinguished efforts in supporting the transformation of the 17 basic goals set by the United Nations to reach an effective system for sustainable global development by the end of the current decade. The UAE delegation to the High-Level Political Forum includes a number of government officials, representatives of the National Committee for Sustainable Development Goals, the Government Knowledge Exchange Office, the Federal Competitiveness and Statistics Center at the Ministry of Cabinet Affairs, the Ministry of Interior, the Ministry of Climate Change and Environment, Masdar, the Emirates Red Crescent Authority, and the Abu Dhabi Fund for Development, in coordination with the Permanent Mission of the UAE to the United Nations. The UAE government delegation will hold a series of bilateral meetings with leaders, political officials and experts from international organizations, institutions and global working groups that support societies and countries to achieve the sustainable development goals, and the delegation will also present a range of initiatives, programs and success stories implemented by UAE entities in various fields of sustainable development around the world. U.A.E A key supporter of the development goals Abdullah Nasser Lootah, Assistant Minister of Cabinet Affairs for Knowledge Exchange and Competitiveness, stressed that the UAE, under the directives of its wise leadership, has established its leading position on the world map as a key partner and key international supporter to achieve the 17 sustainable development goals set by the United Nations until 2030, and that its tireless participation in the forum in the forum reflects its keenness to exchange knowledge and share successful experiences and best practices with world governments and international organizations to improve the lives of peoples and societies. Lootah added that the UAE adopts the approach of achieving sustainable development as a humanitarian mission to improve its society and the societies of the world and enhance human life, and invests great efforts in this in cooperation with various countries of the world, international organizations, and institutions concerned with supporting development, and works to launch qualitative initiatives and programs and provide funding contributions and humanitarian assistance in order to reach the sustainable development goals by the end of the current decade, based on the values of cooperation, partnership, exchange of knowledge, sharing best practices and distinguished experiences, providing support and working on Laying the foundations for impactful institutional action, It achieves sustainable and inclusive development, improves education and health care, promotes equal opportunities, conserves natural resources and protects the environment for future generations." Abdullah Lootah said: "The participation of the UAE government delegation in the United Nations High-Level Political Forum on Sustainability this year aims to strengthen the UAE’s international partnerships in the field of sustainable development, which is in line with the seventeenth goal of the Sustainable Development Goals, which is to strengthen and activate global partnerships between governments, countries and communities to achieve sustainable development. Continuous regulatory frameworks, policies and legislation, as well as partnerships and the use of technology, especially the use of artificial intelligence, and the activation of data in the service of achieving inclusive global sustainable development that creates opportunities and protects the planet’s resources." United Nations High-level Political Forum The High-level Political Forum on Sustainable Development is the main platform of the United Nations. On sustainable development issues. Since its inception in 2012, it has played a pivotal role in following up and reviewing what has been implemented at the country level in the 2030 Agenda for Sustainable Development. This edition of the International Forum is held under the theme "Promoting the 2030 Agenda for Sustainable Development and Eradicating Poverty in Times of Multiple Crises: Effectively Implementing Sustainable, Resilient and Innovative Solutions". Throughout the 8-17 July 2024 edition, delegates participating in this year’s edition of the Forum will work on in-depth revisions of five of the Sustainable Development Goals (SDGs): Goal 1 to eradicate poverty in all its forms everywhere, Goal 2 to end hunger, achieve food security, improve nutrition and promote sustainable agriculture, Goal 13 to support climate action and call for urgent action to combat climate change and its repercussions, and Goal 16 to promote peaceful and inclusive societies to achieve development. Goal 17, which focuses on global partnerships to promote the implementation of the Sustainable Development Goals. Proactive meeting of the National Committee for Sustainable Development Goals The National Committee for Sustainable Development Goals preceded the participation of the UAE government delegation in the work of the United Nations High-Level Political Forum, with a preparatory meeting for the members of the Committee, before the delegation’s departure to New York, during which it discussed the agenda and agenda of the UAE’s participation in the forum, reviewed the UAE’s performance in the reports of indicators of sustainable development goals, and the data that has been provided and improved, as well as a number of files related to the work of the Committee. The meeting reviewed the report of the Sustainable Development Goals Index issued by the Sustainable Development Solutions Network for the year 2024, pointing to the performance of the UAE, which ranked 70th globally, 3rd regionally and Arably, and first in the Gulf, reflecting the country’s commitment to achieving the goals and strengthening its position globally. The meeting discussed plans, workshops and initiatives that are being implemented to enhance the quality of data and achieve progress in goals, and challenges in data collection, including the need to review data with international organizations, remove some indicators that do not apply to the UAE, and formulate indicators in line with the laws of the country. Coordination and cooperation between government and private entities to ensure the collection of consistent and analyzable data in a uniform manner. The meeting was attended by Abdul Allah Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Knowledge Exchange and Chairman of the National Committee for Sustainable Development Goals, Rashid Mohamed Al Hemeiri, Director of the Development and International Cooperation Department at the Ministry of Foreign Affairs, Dr. Hussein Abdul Rahman Al Rand, Assistant Undersecretary for the Public Health Sector at the Ministry of Health and Prevention, Hassan Obaid Al Muhairi, Assistant Undersecretary for the Policies and Economic Studies Sector at the Ministry of Education, Nasser Ismail, Assistant Undersecretary for Social Welfare Affairs at the Ministry of Community Development, Maria Hanif Al Qassim. Assistant Undersecretary for Economic Policies and Studies Sector at the Ministry of Economy, Eng. Alia Abdul Rahim Al Harmoodi, Assistant Undersecretary for Sustainable Communities Sector at the Ministry of Climate Change and Environment, Eng. Nawal Yusuf Al Hinai, Director of the Future Energy Department at the Ministry of Energy and Infrastructure, Hanan Ahli, Director of the Federal Competitiveness and Statistics Center at the Ministry of Cabinet Affairs, and Mohammed Ahli, Executive Director of the Statistics and Data Science Sector At the Federal Competitiveness and Statistics Center.
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